CT Real Estate Investment Trust (CRT.UN) Price Target Lowered to C$14.00 at National Bank Financial

CT Real Estate Investment Trust (TSE:CRT.UN) had its price objective trimmed by National Bank Financial from C$16.00 to C$14.00 in a research report released on Wednesday morning. The brokerage currently has a sector perform rating on the real estate investment trust’s stock.

CRT.UN has been the topic of a number of other research reports. Scotiabank cut their price target on shares of CT Real Estate Investment Trust from C$16.50 to C$16.25 and set an outperform rating on the stock in a research note on Wednesday, November 8th. TD Securities cut their price target on shares of CT Real Estate Investment Trust from C$16.00 to C$15.50 and set a hold rating on the stock in a research note on Wednesday, November 8th. Finally, CIBC cut their price target on shares of CT Real Estate Investment Trust from C$15.50 to C$14.50 in a research note on Wednesday. Four equities research analysts have rated the stock with a hold rating and one has issued a buy rating to the company. The company presently has a consensus rating of Hold and an average target price of C$15.00.

CT Real Estate Investment Trust (CRT.UN) opened at C$13.25 on Wednesday. The stock has a market cap of $1,200.00, a P/E ratio of 9.67 and a beta of 0.16. CT Real Estate Investment Trust has a one year low of C$12.50 and a one year high of C$15.60.

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CT Real Estate Investment Trust Company Profile

CT Real Estate Investment Trust (CT REIT) is a closed-end real estate investment trust. The Trust’s principal objective is to create Unitholder value over the long-term by generating reliable, durable and growing monthly distributions on a tax-efficient basis. The Trust is engaged in the ownership and operation of retail investment properties located in Canada.

Analyst Recommendations for CT Real Estate Investment Trust (TSE:CRT.UN)

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